60 Franklin AveClintonNY13323
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Clinton at 60 Franklin Ave, Clinton, NY, 13323 generates $2,119/mo in rent and, after a $1,170/mo payment, leaves $523/mo in cash flow. Total monthly income is $2,119/mo, and annual cash flow is $6,273/yr on $79,229 invested. Return on cash invested sits at 27.83% in year one, and rental yield is 10.64% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 145.95% and total cumulative return in cash sums $115,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,119/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
7,562 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13323, Clinton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,024 (100%) |
| Owner Occupied HU | 3,163 (63.0%) |
| Renter Occupied HU | 1,440 (28.7%) |
| Vacant Housing Units | 421 ( 8.4%) |
| Median Home Value | $259,185 |
| Average Home Value | $270,813 |
Housing Distribution
Address Breakdown
Residential
4,509
Single Family
4,088
Multi-Family
421
Businesses
326
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